INFORMATIONAL MEMORANDUM: R&D-97-012
     
TO:      All Reinsured Companies
         All Risk Management Field Offices
         FSA Headquarters, Program Delivery & Field Operations            
    
     
FROM:    Tim B. Witt          /s/ R. E. Waggoner (for)   2/19/97
         Acting Deputy Administrator
     
SUBJECT: Correction of Nursery Actuarial
     
     
The 1997 crop year actuarial for nursery contains the following
statement:
     
     "For CAT imputed premium calculation purposes, the highest monthly
      market value for each risk classification will be multiplied by .60
      prior to applying the appropriate premium rate."
     
The statement is incorrect and should read as follows:
     
     "For CAT imputed premium calculation purposes, the highest monthly
      market value for each risk classification will be multiplied by .27
      prior to applying the appropriate premium rate."
     
The revised statement correctly reflects the imputed premium as stated
in the nursery crop provisions (96-056) section 7 (a) (3).
     
Please note this nursery correction for any sales, acreage, or claim
data submission to Risk Management for processing purposes.